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Re:Nearly 12M Square Feet of Vacant Office Space in S.F by scarmig on Sunday October 25, 2020 @08:35PM (#24891574)
The central component of the American Dream is that, once you're rich, the government will do everything in its power to make sure you remain rich.
Re:Nearly 12M Square Feet of Vacant Office Space in S.F by greesil on Sunday October 25, 2020 @09:34PM (#24891963)
The best government money can buy.
Re:Nearly 12M Square Feet of Vacant Office Space in S.F by tomcam on Sunday October 25, 2020 @10:52PM (#24892426)
Please describe that mechanism for me.
Re:Nearly 12M Square Feet of Vacant Office Space in S.F by greesil on Monday October 26, 2020 @12:08AM (#24892747)
Wall Street bailouts, letting corporations exfiltrate revenue to off shore tax havens, defunding the IRS, oddly specific tax loopholes, tax cuts on the wealthy, letting lobbyists write the laws. That's just from thinking about it for ten seconds.
Re:Nearly 12M Square Feet of Vacant Office Space in S.F by TearsInTheRain on Monday October 26, 2020 @02:35AM (#24893355)
It's known as "the Fed put". Whenever rich people have taken on too much risk the fed has been printing money to keep asset prices high so no one gets hurt. Im sure you know that the Fed is even directly buying corporate bonds now. This is paid for by main street through the inflation tax.